China stocks surge 2.2% on easing speculation

Mainland China share market skyrocketed on Thursday, 26 February 2015, on renewed speculation of further monetary easing after S&P cuts GDP outlook for China and Premier Li Keqiang called for more active fiscal policy, while a central bank publication urged for additional monetary easing. The Shanghai Composite Index rose 2.2% to 3,298.36 at the close, the highest since Jan. 28.

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